gunDriller
26th July 2013, 01:16 PM
If you watch the USD index & Dow at the same time, they trade inversely 99% of the time.
Dow goes up, USD goes down.
Dow goes down, USD goes up.
There is also a correlation with Precious Metals.
USD index goes up, Precious Metal prices fall.
etc.
Of course, this implies the obvious - that, quite often, Precious Metal prices track the Dow.
Dow goes up, PM Prices go up.
The exception occurs frequently at 10 AM Eastern time, when the Cartel raids the PM market, PM prices fall - even if stocks are rising.
Anyway, I wonder to what extent the Cartel is limited by the wishes of their co-workers, the Plunge Protection Team, which at this point does a lot more than just buy stocks on days when the Dow bleeds heavy.
If the PPT is supposed to make stock prices go up - and the currency manipulation activities of the Cartel of having the USD index go up and stock prices fall, what is the compromise ?
I think we saw it today. The stock market started out 150 points down. There was a waterfall raid on PM's about 10:45 AM, maybe Blythe had a handball game with Jamie D.
But then both the stock market and PM prices recovered. Gold especially is back to very close to where it was Thursday afternoon, within a few $ of a 4-week high.
THE QUESTION ???
Anyway, it makes me wonder if the Cartel could have knocked PM prices down further, and gussied up (increased) the USD index, but at the expense of the stock market - if they weren't limited by the US gov's desire to keep the Dow Up ???
But, for Perception Management reasons, the US gov. likes the Dow to go up. It gives legitimacy to their bogus argument that the economy is recovering.
Facebook is up today, Bro ![/b]
Dow goes up, USD goes down.
Dow goes down, USD goes up.
There is also a correlation with Precious Metals.
USD index goes up, Precious Metal prices fall.
etc.
Of course, this implies the obvious - that, quite often, Precious Metal prices track the Dow.
Dow goes up, PM Prices go up.
The exception occurs frequently at 10 AM Eastern time, when the Cartel raids the PM market, PM prices fall - even if stocks are rising.
Anyway, I wonder to what extent the Cartel is limited by the wishes of their co-workers, the Plunge Protection Team, which at this point does a lot more than just buy stocks on days when the Dow bleeds heavy.
If the PPT is supposed to make stock prices go up - and the currency manipulation activities of the Cartel of having the USD index go up and stock prices fall, what is the compromise ?
I think we saw it today. The stock market started out 150 points down. There was a waterfall raid on PM's about 10:45 AM, maybe Blythe had a handball game with Jamie D.
But then both the stock market and PM prices recovered. Gold especially is back to very close to where it was Thursday afternoon, within a few $ of a 4-week high.
THE QUESTION ???
Anyway, it makes me wonder if the Cartel could have knocked PM prices down further, and gussied up (increased) the USD index, but at the expense of the stock market - if they weren't limited by the US gov's desire to keep the Dow Up ???
But, for Perception Management reasons, the US gov. likes the Dow to go up. It gives legitimacy to their bogus argument that the economy is recovering.
Facebook is up today, Bro ![/b]